Cenovus Energy Inc. (CVE) revealed earnings for its fourth quarter that Increased, from the same period last year
The company's earnings totaled C$934 million, or C$0.50 per share. This compares with C$146 million, or C$0.07 per share, last year.
The company's revenue for the period fell 14.8% to C$10.9 billion from C$12.8 billion last year.
Cenovus Energy Inc. earnings at a glance (GAAP) :
-Earnings: C$934 Mln. vs. C$146 Mln. last year.-EPS: C$0.50 vs. C$0.07 last year.-Revenue: C$10.9 Bln vs. C$12.8 Bln last year.
The Board will pay a quarterly dividend of C$0.20 per share on March 31, to the shareholders of record as of March 13.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.